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S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
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NASDAQ:CARG - CarGurus Stock Price, Forecast & News

$38.06
+0.33 (+0.87 %)
(As of 01/20/2020 03:36 PM ET)
Today's Range
$37.14
Now: $38.06
$38.35
50-Day Range
$34.87
MA: $36.89
$40.09
52-Week Range
$28.65
Now: $38.06
$45.25
Volume1.15 million shs
Average Volume720,527 shs
Market Capitalization$4.26 billion
P/E Ratio105.72
Dividend YieldN/A
Beta1.88
CarGurus, Inc operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States, Canada, the United Kingdom, Germany, Italy, and Spain. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:CARG
CUSIPN/A
Phone617-354-0068

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$454.09 million
Cash Flow$0.67 per share
Book Value$1.76 per share

Profitability

Net Income$65.17 million

Miscellaneous

Employees732
Market Cap$4.26 billion
Next Earnings Date2/13/2020 (Confirmed)
OptionableOptionable

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CarGurus (NASDAQ:CARG) Frequently Asked Questions

What is CarGurus' stock symbol?

CarGurus trades on the NASDAQ under the ticker symbol "CARG."

How were CarGurus' earnings last quarter?

CarGurus Inc (NASDAQ:CARG) released its earnings results on Tuesday, November, 5th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.10. The company earned $150.50 million during the quarter, compared to the consensus estimate of $147.99 million. CarGurus had a net margin of 7.44% and a return on equity of 18.30%. The company's revenue was up 26.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 EPS. View CarGurus' Earnings History.

When is CarGurus' next earnings date?

CarGurus is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for CarGurus.

How can I listen to CarGurus' earnings call?

CarGurus will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has CarGurus issued on next quarter's earnings?

CarGurus issued an update on its fourth quarter earnings guidance on Tuesday, November, 5th. The company provided EPS guidance of $0.12-$0.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.14. The company issued revenue guidance of $152.2-$155.2 million, compared to the consensus revenue estimate of $154.05 million.

What price target have analysts set for CARG?

11 equities research analysts have issued 1 year price objectives for CarGurus' shares. Their forecasts range from $42.00 to $54.00. On average, they expect CarGurus' share price to reach $49.89 in the next year. This suggests a possible upside of 31.1% from the stock's current price. View Analyst Price Targets for CarGurus.

What is the consensus analysts' recommendation for CarGurus?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CarGurus.

Has CarGurus been receiving favorable news coverage?

Media stories about CARG stock have been trending somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CarGurus earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for CarGurus.

Are investors shorting CarGurus?

CarGurus saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 11,380,000 shares, a decrease of 5.2% from the December 15th total of 12,010,000 shares. Based on an average daily volume of 890,300 shares, the short-interest ratio is presently 12.8 days. Approximately 14.3% of the shares of the stock are short sold. View CarGurus' Current Options Chain.

Who are some of CarGurus' key competitors?

What other stocks do shareholders of CarGurus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CarGurus investors own include Netflix (NFLX), Bank of America (BAC), Intelsat (I), Twilio (TWLO), Comcast (CMCSA), Roku (ROKU), NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA) and salesforce.com (CRM).

Who are CarGurus' key executives?

CarGurus' management team includes the folowing people:
  • Mr. E. Langley Steinert, Founder, Chairman & CEO (Age 55)
  • Mr. Samuel Zales, COO & Pres (Age 55)
  • Mr. Jason M. Trevisan, CFO & Treasurer (Age 44)
  • Ms. Kathleen Bender Patton, Gen. Counsel & Sec. (Age 52)
  • Mr. Thomas Caputo, Chief Product Officer (Age 45)

When did CarGurus IPO?

(CARG) raised $132 million in an initial public offering on Thursday, October 12th 2017. The company issued 9,400,000 shares at $13.00-$15.00 per share. Goldman Sachs, Allen & Company and RBC Capital Markets acted as the underwriters for the IPO and JMP Securities, Raymond James and William Blair were co-managers.

Who are CarGurus' major shareholders?

CarGurus' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.49%) and Cerebellum GP LLC (0.01%). Company insiders that own CarGurus stock include Anastasios Parafestas, Argonaut 22 Llc, Ian G Smith, Jason Trevisan, Kathleen Bender Patton, Langley Steinert, Oliver Ian Chrzan, Samuel Zales, Sarah Amory Welch, Spinnaker Capital Llc, Stephen Kaufer, Steven Conine and Thomas Michael Caputo. View Institutional Ownership Trends for CarGurus.

Which major investors are buying CarGurus stock?

CARG stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Cerebellum GP LLC. View Insider Buying and Selling for CarGurus.

How do I buy shares of CarGurus?

Shares of CARG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is CarGurus' stock price today?

One share of CARG stock can currently be purchased for approximately $38.06.

How big of a company is CarGurus?

CarGurus has a market capitalization of $4.26 billion and generates $454.09 million in revenue each year. The company earns $65.17 million in net income (profit) each year or $0.57 on an earnings per share basis. CarGurus employs 732 workers across the globe.View Additional Information About CarGurus.

What is CarGurus' official website?

The official website for CarGurus is http://www.cargurus.com/.

How can I contact CarGurus?

CarGurus' mailing address is 2 Canal Park 4thFloor, Cambridge MA, 02141. The company can be reached via phone at 617-354-0068 or via email at [email protected]


MarketBeat Community Rating for CarGurus (NASDAQ CARG)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  401 (Vote Outperform)
Underperform Votes:  412 (Vote Underperform)
Total Votes:  813
MarketBeat's community ratings are surveys of what our community members think about CarGurus and other stocks. Vote "Outperform" if you believe CARG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CARG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2020 by MarketBeat.com Staff

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